Posts Tagged ‘ Congressional Budget Office ’

CBO: Stimulus Put Up To 2.8M People To Work In First Quarter

May 26th, 2010 | By Main Contributor | Category: President Obama

The Congressional Budget Office estimates that the stimulus provided jobs to between 1.2 million and 2.8 million people during the first three months of this year.  The stimulus also raised GDP by as much as 4.2%.
Raised the level of real (inflation-adjusted) gross domestic product (GDP) by between 1.7 percent and 4.2 percent
Lowered the unemployment rate by [...]